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BIG ROAD SCHEMES LIKELY TO START SOONER
7th November 1958, Page 50
7th November 1958
Page 50
Page 50, 7th November 1958
— BIG ROAD SCHEMES LIKELY TO START SOONER
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I T is fairly certain that the Minister of Transport will secure his full share of the extra £150m. of investment in the public sector of industry, announced on Monday by the Chancellor of the Exchequer, writes our political correspondent.
How far the new road programme will benefit is not known at the moment. The Chancellor himself, looking forward to an expansion of the economy, remarked that this must be accompanied by an expansion in the sector of public investment—including new roads.
The increases will take effect in the financial year beginning next April. It is thought in Whitehall that starting dates for a few of the larger road schemes will be advanced.
The railways, too, will get their share of the extra investment.